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Escalator clause

Business Escalation clauseEscheat

escalator clause
provision in a contract allowing cost increases to be passed on. In an employment contract, an escalator clause might call for wage increases to keep employee earnings in line with inflation.

 


ESCALATOR CLAUSE - a provision of an agreement that provides for automatic adjustments in payments base...
ESCAPE CLAUSE - 1. A contract provision relieving a party of liability for failure to perform, as where...

Escalator clause.
A clause in a contract providing for increases in costs such as labor expenses and materials.

Escape Clause ...

Inflation-escalator clause
A clause in a contract providing for increases or decreases in inflation based on fluctuations in the cost of living, production costs, and so forth.
Inflation risk ...

A term used in sales contracts when market prices are so volatile that a vendor will not give a firm price or use an escalator clause but will only agree to charge the price charged other customers for similar purchases on the day he ships or ...

Provision in a contract allowing cost increases to be passed on. In an employment contract, for example an escalator clause may call for wage increases in line with inflation.
Escheat ...

escalator clause A provision of a contract which calls for an increase in price in the event... escheatment The process of turning over unclaimed or abandoned property to a state authority,...

See also: Expense, Funding, Banks, Term structure, Eurobond

Business Escalation clauseEscheat

 
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